article thumbnail

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. —Patrick Pouyanné, Chairman & CEO of Total. This transaction will bring to Total: 2.5

Global 150
article thumbnail

Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

Green Car Congress

has initiated a comprehensive feasibility study of a possible long-term CO 2 pipeline project which would connect proposed gasification plants in the Midwest to Denbury’s existing CO 2 pipeline infrastructure in Mississippi or Louisiana. Denbury Resources Inc. Denbury Resources Inc.

CO2 150
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. Validation and Verification. Validation requires additionality.

Carbon 255
article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.

article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

As oil prices decreased in the 1990s, the consumer acceptance of hydrous ethanol fueled cars greatly decreased and purchases of gasoline fueled automobiles returned to previous levels. Current Legal Requirement for Use of Anhydrous Ethanol in the United States. 40 CFR § 80.27 addresses controls and prohibitions on gasoline volatility.

article thumbnail

EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Wheeler adduced four reasons to support that argument: price, safety, environmental impact and incentivizing the purchase of new, cleaner, safer cars. Purchasing. Wheeler said that either consumers cannot afford the price of new vehicles or they are not interested in purchasing certain types of new vehicles.

article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty. The opportunities for private-parties to buy and sell emissions allowances, and to purchase any allowances auctioned by the state, lie behind cap and trade’s potential to achieve emissions reductions at low cost to the overall economy.

Gas 244